Concept:Inflation reduces the real value of money, so it helps borrowers and hurts lenders/savers.Explanation:Debtors borrow money and repay later with money that has less purchasing power due to inflation.Thus, they repay effectively less in real terms, so inflation benefits debtors.Creditors, savers, and people on fixed pensions lose because the value of their money falls.Answer:A. Debtors